Investors may wish to note that the President of Sera Prognostics, Inc., Evguenia Lindgardt, recently netted US$91k from selling stock, receiving an average price of US$7.42. It wasn't a huge sale, but it did reduce their holding by 11%. This does not instill confidence.
The Last 12 Months Of Insider Transactions At Sera Prognostics
In fact, the recent sale by President Evguenia Lindgardt was not their only sale of Sera Prognostics shares this year. Earlier in the year, they fetched US$9.37 per share in a -US$364k sale. While insider selling is a negative, to us, it is more negative if the shares are sold at a lower price. It's of some comfort that this sale was conducted at a price well above the current share price, which is US$7.40. So it may not shed much light on insider confidence at current levels.
Insiders in Sera Prognostics didn't buy any shares in the last year. The chart below shows insider transactions (by companies and individuals) over the last year. If you want to know exactly who sold, for how much, and when, simply click on the graph below!
For those who like to find hidden gems this free list of small cap companies with recent insider purchasing, could be just the ticket.
Insider Ownership Of Sera Prognostics
Looking at the total insider shareholdings in a company can help to inform your view of whether they are well aligned with common shareholders. A high insider ownership often makes company leadership more mindful of shareholder interests. Insiders own 3.8% of Sera Prognostics shares, worth about US$9.3m, according to our data. Overall, this level of ownership isn't that impressive, but it's certainly better than nothing!
So What Do The Sera Prognostics Insider Transactions Indicate?
Insiders sold Sera Prognostics shares recently, but they didn't buy any. And there weren't any purchases to give us comfort, over the last year. When you consider that most companies have higher levels of insider ownership, we're a little wary. So we're not rushing to buy, to say the least. So while it's helpful to know what insiders are doing in terms of buying or selling, it's also helpful to know the risks that a particular company is facing. For instance, we've identified 6 warning signs for Sera Prognostics (2 are significant) you should be aware of.
Of course Sera Prognostics may not be the best stock to buy. So you may wish to see this free collection of high quality companies.
For the purposes of this article, insiders are those individuals who report their transactions to the relevant regulatory body. We currently account for open market transactions and private dispositions of direct interests only, but not derivative transactions or indirect interests.
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This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.
